Boy oh boy, do I ever have a timely treat for you today. Back on Thursday, I was able to visit with John Williams of Shadow Government Statistics. In light of today’s heavily-manipulated BLSBS report, I’d say this podcast is rather timely.
As most of you know, my college degree is in Econ so getting a chance to visit with John was a real pleasure. I mention at the end of the podcast that I could have gone on speaking with him for another hour or two but, in respect of his time, I had to cut us off after just 30 minutes. Please take the time to listen to the entire thirty minutes, though. The information that John provides, particularly near the end of the podcast as he discusses the CPI and the coming “hyperinlationary depression”, is extremely important.
I’d also like to pass along a hearty and sincere endorsement of John’s work and his website. He provides plenty of information free of charge but if you want to go in-depth, you should seriously consider purchasing a subscription. The site can be found here: http://www.shadowstats.com/
I’m confident you’ll enjoy this podcast and I hope to have a follow-up conversation with John sometime soon. TF
Phi Beta Iota: “Nothing like this ever before.” Ties in with a Financial Times commentary that down-graded the near future from an earlier statement “similar to 1929” toward “closer to the Dark Ages.”